NATGASUSD failed to make a lower low and is testing resistance at 3.3 I'm already bought earlier this day at 3.21 with very tight stop-los but will add extra positions if it can brake resistance and move above the 10 Daily EMA. I will update later on.
After a long decline OANDA:XAUUSD stopped making lower lows and lower highs. On the higher timeframe gold touched 76,40 retracement (2015 low to 2016 high) Price is also slowly crossing 10 Daily EMA. 2 targets with stops around the last low (12/15) and S4 pivot support Let's see.
We see gold is in a down trend since few months. After the break of support at around 1301.00 - 1306.00 in the beginning of October we are now retracing back to that level. This is also 618 retracement. Price is now around 1304 and making a double top on the smaller timeframe. Also RSI is overbought . I'm selling gold with 3 TP targets. Let's see
I have placed a limit sell trade at 1.5186 for FX:EURAUD 3 reasons: - Strong resistance down trend on the daily timeframe - Structure around that level - RSI on the daily chart moving almost to overbought Let's see
FX:AUDNZD just broke support level. I'm expecting a small retracement following by a further down move to the support area from april 2015. Let's see